Bob Beach
Seller Financing. Good idea?
19 December 2024 | 13 replies
If they are legit and you don’t have any other offers then I’d have the conversation with them but I’d want a higher than normal down payment (ideally 50% or at least more than the normal 20%), a higher than normal interest rate (at least a point above the prevailing rate so like 9-10% right now, but you can structure it as interest-only payments so their monthly payment is still lower than conventional), amortized over 30 but with a balloon in 3-5 years, something like that.
Rae Chris
Properties, Networking, Advice,
2 January 2025 | 13 replies
Rae, I would keep checking the sites including FSBO, FaceBkMarktplace, and driving neighborhoods.
Pravit Jarriyapurttipong
Buffalo New York Mutifamily
14 January 2025 | 4 replies
But I noted that places like North Tonawanda as @Pravit Jarriyapurttipong mentioned are actually outside of Erie County, it's in Niagara County, which follows the stricter landlord laws as New York State... https://ag.ny.gov/sites/default/files/changes-in-nys-rent-la...Would you recommend sticking to Erie County boundaries for this purpose?
Abby Biter
My Short Term Rental Barely Profitable
8 January 2025 | 11 replies
Which sites do you recommend for pricing?
Chris Summons
Contracts for Sub Contractors to Sign
14 January 2025 | 4 replies
Tailor these amounts to the significance of the task; for example:Roofer: $1,000/day (critical to weatherproof the site).Painter or garage door installer: $100–$200/day.Contract Value & Payment Terms:Agreed payment amount (lump sum or itemized costs).Breakdown of payment terms:Deposits.Progress draws.Retainage (if applicable).Scope of Work:Be as detailed as possible.
Bryant Xavier
How to get in touch with fix and flip investors?
31 December 2024 | 5 replies
If you are just looking to network I would go the route of meetups locally (you can check above at the toolbar, hoover over forums then to the right you have events and meetups.If you are looking to wholesale and build a list of buyers that fix and flip for deals you may have then I would pull lists from 3rd party sites like Property Radar or propstream.
Jonathan Greene
5 Reasons You Aren't Making Connections With Clients on BP as an Agent
30 December 2024 | 12 replies
Most Brokers on this site work very specific markets.
Rebecca Cho
Excited (and Nervous!) to Start Our Real Estate Investment Journey
13 January 2025 | 25 replies
This site has been instrumental in getting me from 0 properties to where I am today.
Jonathan Cubeta
Tenant screening
27 December 2024 | 12 replies
What tenant screening sites has everyone had luck with?